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Q:

A sum of money amounts to Rs. 4,840 in 2 years and to Rs. 5,324 in 3 years at compound interest (compounded annually). The rate of interests per annum is

  • 1
    10%
  • 2
    9%
  • 3
    11%
  • 4
    8%
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Answer : 1. "10% "

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